Qorvo (QRVO) Expected to Post Quarterly Earnings on Tuesday

Qorvo (NASDAQ:QRVO) will likely be releasing its Q1 2027 results after the market closes on Tuesday, July 28th. Analysts expect Qorvo to announce earnings of $1.10 per share and revenue of $743.28 million for the quarter. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. Investors may review the information on the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 4:30 PM ET.

Qorvo (NASDAQ:QRVO) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.48. Qorvo had a return on equity of 15.32% and a net margin of 9.22%.The firm had revenue of $808.28 million for the quarter, compared to analysts’ expectations of $801.31 million. During the same period in the previous year, the firm posted $1.42 EPS. The business’s revenue for the quarter was down 7.0% compared to the same quarter last year. On average, analysts expect Qorvo to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Qorvo Trading Down 0.3%

NASDAQ QRVO opened at $86.51 on Friday. Qorvo has a 12 month low of $74.92 and a 12 month high of $109.49. The company has a current ratio of 3.24, a quick ratio of 2.46 and a debt-to-equity ratio of 0.46. The stock’s fifty day moving average price is $94.67 and its 200-day moving average price is $86.58. The stock has a market cap of $7.63 billion, a P/E ratio of 23.90, a P/E/G ratio of 1.36 and a beta of 1.44.

Insider Transactions at Qorvo

In other news, SVP Paul J. Fego sold 2,500 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $100.00, for a total transaction of $250,000.00. Following the transaction, the senior vice president directly owned 71,038 shares of the company’s stock, valued at $7,103,800. This represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Gina Harrison sold 4,714 shares of Qorvo stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $100.00, for a total value of $471,400.00. Following the completion of the sale, the vice president directly owned 24,429 shares of the company’s stock, valued at $2,442,900. The trade was a 16.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,966,127 shares of company stock valued at $198,911,103 over the last 90 days. 0.49% of the stock is owned by corporate insiders.

Institutional Trading of Qorvo

Several large investors have recently added to or reduced their stakes in the business. Invesco Ltd. increased its holdings in Qorvo by 29.7% during the fourth quarter. Invesco Ltd. now owns 457,028 shares of the semiconductor company’s stock valued at $38,623,000 after buying an additional 104,574 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Qorvo by 1,436.7% during the 4th quarter. Corient Private Wealth LLC now owns 159,652 shares of the semiconductor company’s stock valued at $13,492,000 after acquiring an additional 149,263 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of Qorvo by 33.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 20,776 shares of the semiconductor company’s stock worth $1,756,000 after purchasing an additional 5,260 shares in the last quarter. EP Wealth Advisors LLC bought a new position in Qorvo in the 4th quarter worth $640,000. Finally, Empowered Funds LLC raised its holdings in Qorvo by 271.2% in the 4th quarter. Empowered Funds LLC now owns 19,975 shares of the semiconductor company’s stock worth $1,688,000 after purchasing an additional 14,594 shares during the period. 88.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

QRVO has been the subject of a number of analyst reports. Barclays upgraded shares of Qorvo from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $95.00 to $100.00 in a research note on Wednesday, April 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Qorvo in a research report on Monday, April 27th. Craig Hallum reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Qorvo in a research report on Wednesday, May 6th. Mizuho reiterated an “underperform” rating and set a $66.00 target price (down from $70.00) on shares of Qorvo in a research note on Monday, April 20th. Finally, Wall Street Zen lowered Qorvo from a “buy” rating to a “hold” rating in a report on Saturday. Three investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $97.07.

About Qorvo

Qorvo, Inc is a leading provider of advanced radio-frequency (RF), analog and mixed-signal semiconductor solutions. The company designs, develops and manufactures a broad portfolio of components and modules that enable wireless and wired connectivity across mobile devices, network infrastructure, defense systems and Internet of Things (IoT) applications.

Qorvo’s product offerings include RF filters, power amplifiers, switches, integrated front-end modules and other custom mixed-signal devices.